PECUNIARY REDISTRIBUTION THROUGH IN-KIND PROGRAMS
成果类型：
Article
署名作者：
COATE, S; JOHNSON, S; ZECKHAUSER, R
署名单位：
Harvard University; University of Pennsylvania
刊物名称：
JOURNAL OF PUBLIC ECONOMICS
ISSN/ISSBN：
0047-2727
DOI：
10.1016/0047-2727(94)90078-7
发表日期：
1994
页码：
19-40
关键词：
摘要：
The pecuniary effects of cash and in-kind programs differ. A program that builds housing for the poor, for example, is likely to result in a lower price of existing low-income housing than would an equally costly cash transfer program. Low-income renters in general would benefit; landlords would lose. This paper argues that these pecuniary effects provide a previously unstudied rationale for the use of in-kind programs. Specifically, in a world in which the government has limited ability to target taxation, the pecuniary effects of in-kind programs may be used to transfer rents from one group in society to another. The pros and cons of using in-kind programs in this way are identified and examples from the real world are discussed.
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